SOLD
Sold on 07 Aug 2023 for $1,500,000

115-117 Spence Street
Portsmith QLD 4870

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1547m2
Sold By
Matt Carless
Knight Frank - Cairns
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Property Details for 115-117 Spence St, Portsmith

Building Type
Commercial
Land Size
1547m2
Local Government
Cairns Regional
Lot/Plan
2/RP727738

Last Listing description (November 2023)

Rare opportunity to lease industrial or workshop so close to Cairns CBD.

115-117 Spence Street is located at the intersection of Draper and Spence Streets, only 700 metres from the Sheridan Street Post Office and 400 metres from Cairns Central Shopping Centre. The site is an outstanding corner location offering left in from Draper Street and left out onto Spence Street, providing future development potential.


The building consists of multiple spaces between 90 sqm - 550 sqm. Suitable for storage, retail trade, industry or convert the whole building to office space, the options are many on this corner allotment with two street access.

* 90 sqm - 550 sqm available
* High visibility location
* 4 metre ceilings
* Workshop, commercial, storage or retail

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Knight Frank Cairns is an independently owned office within the Knight Frank global network, servicing Far North Queensland in all its commercial property requirements.

Knight Frank Cairns has been successfully operating for over 33 years and incorporates three departments into the one office; a vastly experienced Valuation department, a high-level Investment and Facilities Management division, and a Commercial Sales and Leasing department.

Knight Frank Cairns is able to provide a more accurate assessment of the local property market due to the combination of services which it offers, combined with the commitment of a team of highly professional, experienced staff who are supported by state-of-the-art research, technological and administrative resources.

Property History for 115-117 Spence St, Portsmith, QLD 4870

A timeline of how this property has performed in the market
Last Sold
$1,500,000
07 Aug 2023
Listed for Rent
$65k/w
16 Oct 2023
  • 20 Sep 2023
    Listed for Rent - Price not available
  • 07 Aug 2023
    Sold for $1,500,000
  • 18 Jul 2023
    Listed for Sale Contact Agent
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About Portsmith 4870

The size of Portsmith is approximately 15.6 square kilometres. It has 2 parks. The population of Portsmith in 2011 was 236 people. By 2016 the population was 248 showing a population growth of 5.1% in the area during that time. The predominant age group in Portsmith is 20-29 years. Households in Portsmith are primarily childless couples and are likely to be repaying $2400 - $2999 per month on mortgage repayments. In general, people in Portsmith work in a trades occupation. In 2011, 58.8% of the homes in Portsmith were owner-occupied compared with 60% in 2016..

Portsmith has 543 properties.

    There are currently 1 property listed for sale, and no properties listed for rent in Portsmith on OnTheHouse. According to CoreLogic's data, 17 properties were sold in the past 12 months in Portsmith.

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    Disclaimer
    Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.